Interchange Fees

MasterCard Domestic Purchase Transactions
Interchange Fees for New Zealand
 

Effective October 12, 2012 the maximum interchange fees to be applied to MasterCard purchase transactions in New Zealand where the card issuer and merchant acquirer are both New Zealand residents will be as follows.

MasterCard Credit Card Transactions

Interchange Category Name Priority Interchange Fee
inc GST
Charities 1 0.000%
Strategic Merchants 1 2 0.650%
Strategic Merchants 2 3 0.750%
Strategic Merchants 3 4 0.850%
PayPass (excluding Commercial Cards) 5 0.700%
Government and Utilities 6 0.700%
Petroleum 7 0.700%
Education and Learning 8 0.800%
Recurring Payments 9 0.700%
SecureCode Merchant UCAF 10 1.000%
SecureCode Full UCAF 11 1.200%
Consumer Super Premium 1 12 2.200%
Consumer Super Premium 2 13 2.100%
Consumer Premium 14 2.000%
Commercial Premium 15 2.200%
Commercial 16 2.000%
Consumer Electronic 17 1.000%
Consumer Standard 18 1.400%


All issuers of MasterCard cards in New Zealand have notified MasterCard that they wish for the MasterCard maximum rate to be applied to all transactions. For further information relating to each issuer’s interchange fees please click below.

ANZ Bank New Zealand Limited
ASB Bank
BNZ
Citibank N.A. - New Zealand Branch
Kiwibank
The Warehouse Rewards MasterCard
The Warehouse Low Interest MasterCard
Westpac


The qualifying criteria for the interchange fees set out above are as per the following:

MasterCard Credit Card Interchange Fee Qualifying Criteria

Interchange Category Description
Charities Available to merchants set up with MCC 8398 that are recognized by the New Zealand Inland Revenue Department as charitable organisations and only for donations/payments that may be claimed as a tax deduction.
Strategic Merchants 1 Available for merchant groups that process in excess of five million MasterCard interchanged transactions per annum. Transactions eligible for this category must be designated by including private data sub element (PDS) 0176 in clearing messages with a valid value.
Strategic Merchants 2 Available to smaller but also strategically important merchants. MasterCard will identify business issuing and acquiring business opportunities from time to time and offer a preferred interchange rate as an incentive. Transactions eligible for this category must be designated by including PDS 0176 in clearing messages with a valid value.
Strategic Merchants 3 Reserved for merchants that participate in a MasterCard Marketplace program currently under development. Transactions eligible for this category must be designated by including PDS 0176 in clearing messages with a valid value.
PayPass Available for all PayPass tapped transactions equal to or less than NZ$80, other than for Charities, Strategic Merchants and Commercial Cards
Government and Utilities Available to the following MCCs: 9211, 9222, 9223, 9311, 9399, 9402, 9405, 4812, 4813, 4814, 4816, 4821, 4899, and 4900.
Petroleum Available to the following MCCs: 5541 and 5542.
Education and Learning Available to the following MCCs: 8211, 8220, 8241, 8244, 8249, 8299, and 8351.
Recurring Payments Available for transactions containing the Recurring Payment indicator other than transactions qualifying for Charities, Strategic Merchants, PayPass, Government & Utilities, Petroleum and Education and Learning.
SecureCode
Merchant
UCAF
Applies to electronic commerce (e-commerce) credit card transactions with Merchant Universal Cardholder Authentication Field™ (UCAF) only except for Charities, Strategic Merchants, paypass, Government and Utilities, Petroleum, Education and Learning and Recurring Payments.
SecureCode Full UCAF Applies to e-commerce credit card transactions with Full UCAF except Charities, Strategic Merchants, PayPass, Government and Utilities, Petroleum, Education and Learning, and Recurring Payments.
Consumer Super Premium 1 Available for all MasterCard World®: and MasterCard World Elite®: consumer credit card transactions, other than for Charities, Strategic Merchants, PayPass, Government and Utilities, Education and Learning, Petroleum, Recurring Payments , PayPass, SecureCode Merchant UCAF, and SecureCode Full UCAF.
Consumer Super Premium 2 Available for all MasterCard Titanium consumer credit card transactions, other than for Charities, Strategic Merchants, PayPass, Government and Utilities, Education and Learning, Petroleum, Recurring Payments, SecureCode Merchant UCAF, SecureCode Full UCAF, and Consumer Super Premium 1.
Consumer Premium Available for all Platinum consumer credit card transactions, other than for Charities, Strategic Merchants, PayPass, Government and Utilities, Education and Learning, Petroleum, Recurring Payments, SecureCode Merchant UCAF, and SecureCode Full UCAF.
Commercial Premium Available for all commercial premium (platinum and above) credit card transactions, other than for Charities, Strategic Merchants, PayPass, Government and Utilities, Education and Learning, Petroleum, Recurring Payments, SecureCodeMerchant UCAF, and SecureCode Full UCAF.
Commercial Available for all non-premium commercial credit card transactions, other than for Charities, Strategic Merchants, PayPass, Government and& Utilities, Education and Learning, Petroleum, Recurring Payments, SecureCode Merchant UCAF, and SecureCode Full UCAF.
Consumer Electronic Available for all consumer credit card transactions (excluding consumer premium and super premium) conducted at an electronic data capture terminal and authorized by the issuer other than for Charities, Strategic Merchants, PayPass, Government and Utilities, Education and Learning, Petroleum, Recurring Payments.
Consumer Standard Available to all domestic consumer credit card transactions not qualifying for any other interchange category.

Debit and Prepaid MasterCard Transactions

Interchange Category Name Priority Interchange Fee
inc GST
Charities 1 0.000%
PayPass Micropayment (< =NZD 15) 2 NZD 0.004
Strategic Merchants 1 3 0.400%
Strategic Merchants 2 4 0.400%
Strategic Merchants 3 5 0.400%
PayPass 6 0.400%
Government and Utilities 7 0.700%
Petroleum 8 0.500%
Recurring Payments 9 0.700%
SecureCode Merchant UCAF 10 1.000%
SecureCode Full UCAF 11 1.200%
Consumer Premium—Prepaid 12 1.300%
Consumer Premium—Debit 12 1.300%
Commercial—Prepaid 13 1.500%
Commercial—Debit 13 1.500%
Consumer Electronic—Prepaid 14 0.500%
Consumer Electronic—Debit 14 1.300%
Consumer Standard—Prepaid 15 1.300%
Consumer Standard—Debit 15 1.300%

Debit and Prepaid MasterCard Interchange Fee Qualifying Criteria

Interchange Category Description
Charities Available for all Debit MasterCard and prepaid MasterCard transactions at merchants set up with MCC 8398 that are recognized by the New Zealand Inland Revenue Department as charitable organizations and only for donations/payments that may be claimed as a tax deduction.
PayPass Micropayments Available for all PayPass prepaid and debit tapped transactions equal to or less than NZ$15 other than transactions qualifying for Charities.
Strategic Merchants 1 Available for merchant groups that process in excess of five million MasterCard interchanged transactions per annum. Transactions eligible for this category must be designated by including PDS 0176 in clearing messages with a valid value.
Strategic Merchants 2 Available to smaller but also strategically important merchants. MasterCard will identify business issuing and acquiring business opportunities from time to time and offer a preferred interchange rate as an incentive. Transactions eligible for this category must be designated by including PDS 0176 in clearing messages with a valid value.
Strategic Merchants 3 Reserved for merchants that participate in a MasterCard Marketplace program currently under development. Transactions eligible for this category must be designated by including PDS 0176 in clearing messages with a valid value.
PayPass Available for all PayPass prepaid and debit tapped transactions over NZD15 other than for Charities and Strategic Merchants.
Government and Utilities Available for all Debit MasterCard and prepaid MasterCard transactions at the following MCCs: 9211, 9222, 9223, 9311, 9399, 9402, 9405, 4812, 4813, 4814, 4816, 4821, 4899, and 4900.
Petroleum Available for all Debit MasterCard and prepaid MasterCard transactions at the following MCCs: 5541 and 5542.
Recurring Payments Available for all Debit MasterCard and prepaid MasterCard transactions containing the Recurring Payment indicator other than transactions qualifying for Charities, Strategic Merchants, PayPass, Government and Utilities, and Petroleum.
SecureCode Merchant UCAF Applicable to e-commerce debit and prepaid card transactions with Merchant UCAF only except for Charities, PayPass Micropayments, Strategic Merchants, Government & Utilities, Petroleum and Recurring Payments.
SecureCode Full UCAF Applicable to e-commerce debit and prepaid card transactions with Full UCAF except Charities, PayPass Micropayments, Strategic Merchants, Government & Utilities, Petroleum, and Recurring Payments.
Consumer Premium— Prepaid Available for all consumer premium prepaid card transactions, other than for Charities, PayPass Micropayments, Strategic Merchants, PayPass, Government and Utilities, Education and Learning, Petroleum, Recurring Payments, SecureCode Merchant UCAF, and SecureCode Full UCAF.
Consumer Premium— Debit Available for all consumer premium debit card transactions, other than for Charities, PayPass Micropayments, Strategic Merchants, PayPass, Government and Utilities, Education and Learning, Petroleum, Recurring Payments, SecureCode Merchant UCAF, and SecureCode Full UCAF.
Commercial Prepaid Available for all commercial prepaid transactions, other than for Charities, PayPass Micropayments, Strategic Merchants, PayPass, Government and Utilities, Petroleum, and Recurring Payments.
Commercial Debit Available for all commercial debit transactions, other than for Charities, PayPass Micropayments, Strategic Merchants, PayPass, Government & Utilities, Petroleum, and Recurring Payments.
Consumer Electronic—Prepaid Available for all consumer prepaid transactions conducted at an electronic data capture terminal and authorised by the issuer other than other than for Charities, PayPass Micropayments, Strategic Merchants, PayPass, Government & Utilities, Petroleum and Recurring Payments.
Consumer Electronic—Debit Available for all consumer prepaid transactions conducted at an electronic data capture terminal and authorised by the issuer other than other than for Charities, PayPass Micropayments, Strategic Merchants, PayPass, Government & Utilities, Petroleum and Recurring Payments.
Consumer Standard—Prepaid Available to all domestic consumer prepaid transactions not qualifying for any other interchange category.
Consumer Standard—Debit Available to all domestic consumer debit transactions not qualifying for any other interchange category.

MasterCard reserves the right to change these fees as it deems appropriate from time to time. Any such changes to these fees will be published on this site as required by the Standard.

Enquiries regarding interchange fees should be directed to MasterCard Worldwide at +61 2 9466 3700.